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Test C_ARCON_2105 Cram Review | Study C_ARCON_2105 Reference & Valid Exam C_ARCON_2105 Preparation - Bemed

C_ARCON_2105

Exam Code: C_ARCON_2105

Exam Name: SAP Certified Application Associate - SAP Ariba Contracts

Version: V12.35

Q & A: 135 Questions and Answers

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NEW QUESTION: 1
Mark is the project manager of the BFL project for his organization. He and the project team are creating a probability and impact matrix using RAG rating. There is some confusion and disagreement among the project team as to how a certain risk is important and priority for attention should be managed. Where can Mark determine the priority of a risk given its probability and impact?
A. Project sponsor
B. Risk response plan
C. Look-up table
D. Risk management plan
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Answer option A is correct.
A look-up table, or the probability and impact matrix, with all of the pre-defined scoring for risks should be referenced to determine the importance of an identified risk.
Answer option B is incorrect. The risk response plan does not define the rules for risk scoring.
Answer option C is incorrect. The risk management plan will include the look-up table, but the best, most- specific answer is the look-up table.
Answer option D is incorrect. The project sponsor is likely not to get involved with the disagreement and determination of the risk scoring.
Reference: "Project Management Body of Knowledge (PMBOK Guide)"
Chapter: Quality and Risk Management
Objective: Risk Probability and Impact Matrices

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